On July 10, 2025, Egypt-based proptech Nawy, backed by e& Capital, acquired a majority stake in SmartCrowd, the UAE’s first regulated fractional real estate investment platform. The deal follows its $52 million Series A round. SmartCrowd has facilitated $110 million in property transactions and distributed over $40 million in returns. The deal bolsters Nawy’s super-app ecosystem across the MENA region, combining mortgage, brokerage, asset services, and fractional ownership.
